Wetouch Technology Inc. (WETH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 132.72M | 126.1M | 125.18M | 123.16M | 119.82M | 114.14M | 120.02M | 113.24M | 110.04M | 106.78M | 109.12M | 107.4M | 107.66M | 62.18M | 61.41M | 62.18M | 61.43M | 56.85M | 66.94M | 64.55M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 120.52M | 118.36M | 113.19M | 110.45M | 106.41M | 103.76M | 106.74M | 98.37M | 94.8M | 98.04M | 93.94M | 92.21M | 93.26M | 51.25M | 45.55M | 45.15M | 44.82M | 46.16M | 54.07M | 52.59M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 48.46 | 151.74 | 81.36 | 80.01 | 54.76 | 218.4 | 81.97 | 80.94 | 56.25 | 414.33 | 115.36 | 96.35 | 74.18 | 420.6 | 117.04 | 115.76 | 84.8 | 242.25 | 94.48 | 48.06 |
| Inventory | 29.06K | 48.84K | 46.88K | 145.66K | 146.63K | 112.33K | 187.41K | 179.26K | 184.74K | 222.1K | 203.92K | 170.36K | 171.62K | 423.28K | 405.18K | 506.68K | 263.99K | 244.38K | 526.13K | 341.55K |
| Days Inventory Outstanding | 0.33 | 0.96 | 1.08 | 1.6 | 1.21 | 5.19 | 2.38 | 2.25 | 1.6 | 8.7 | 2.71 | 2.39 | 3.62 | 13.03 | 6.39 | 5.23 | 2.98 | 11.52 | 6.25 | 3.32 |
| Other Current Assets | 338 | 56.2K | 111.92K | 1.82M | 2.17M | 922.89K | 0 | 939K | 3.1M | 991.52K | 1.04M | 74.05K | 78.15K | 81.61K | 138.69K | 125K | 1.74M | 1.47M | 817.88K | 28.26K |
| Total Non-Current Assets | 14.57M | 14.53M | 14.73M | 13.86M | 13.87M | 13.88M | 13.13M | 12.67M | 13.11M | 12.86M | 10.32M | 10.39M | 10.97M | 10.92M | 10.59M | 11.25M | 11.89M | 11.83M | 190.2K | 45.35K |
| Property, Plant & Equipment | 9.38M | 9.41M | 14.09M | 13.02M | 12.86M | 13.84M | 13.13M | 12.67M | 12.75M | 12.86M | 10.32M | 10.39M | 10.97M | 10.92M | 10.59M | 11.25M | 11.89M | 11.83M | 190.2K | 45.35K |
| Fixed Asset Turnover | 1.74x | 0.45x | 0.90x | 0.96x | 1.15x | 0.27x | 0.89x | 0.96x | 1.16x | 0.20x | 1.07x | 1.20x | 1.23x | 0.24x | 1.06x | 1.02x | 1.01x | 0.61x | 94.81x | 335.94x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 542.91K | 544.12K | 542.93K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 147.29M | 140.77M | 140.07M | 137.02M | 133.68M | 128.02M | 133.14M | 125.91M | 123.15M | 119.64M | 119.44M | 117.79M | 118.63M | 73.11M | 72M | 73.43M | 73.33M | 68.68M | 67.13M | 64.6M |
| Asset Turnover | 0.11x | 0.04x | 0.09x | 0.09x | 0.12x | 0.03x | 0.09x | 0.10x | 0.12x | 0.02x | 0.09x | 0.11x | 0.14x | 0.04x | 0.16x | 0.16x | 0.17x | 0.05x | 0.17x | 0.25x |
| Asset Growth % | 10.18% | 9.96% | 5.21% | 8.83% | 8.55% | 7% | 11.48% | 6.89% | 3.81% | 63.66% | 65.87% | 60.41% | 61.79% | 6.45% | 7.25% | 13.67% | 23.88% | - | - | - |
| Total Current Liabilities | 4.12M | 3.24M | 4.69M | 5.01M | 5.44M | 2.95M | 3.45M | 3.11M | 2.24M | 6.34M | 7.33M | 8.16M | 7.33M | 4.01M | 5.42M | 6.12M | 5.11M | 3.24M | 2.26M | 3.14M |
| Accounts Payable | 937.34K | 1.06M | 1.29M | 1.49M | 1.59M | 1.26M | 1.22M | 917.15K | 566.17K | 640.79K | 1.5M | 2.37M | 2.09M | 1.38M | 1.41M | 2.1M | 1.26M | 800.59K | 833.96K | 770.65K |
| Days Payables Outstanding | 8.58 | 23.48 | 15.58 | 16.88 | 13.33 | 42.95 | 13.83 | 9.15 | 4.76 | 43.76 | 28.07 | 31.1 | 21.13 | 43.91 | 24.63 | 22.81 | 12.05 | 24.43 | 11.56 | 17.2 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | -370.69B | 1.58M | 2M | 866.8K | 1.29M | 747.04K | -1.22T | 1.67M | 88.7K | 373.77K | 193.09K | 242.51K | 250.38K | 233.16K | 430.89K | 441.91K | 302.58K | 124.81K | 1.32M | 1.99M |
| Current Ratio | 32.24x | 38.88x | 26.69x | 24.56x | 22.01x | 38.68x | 34.75x | 36.36x | 49.18x | 16.84x | 14.88x | 13.16x | 14.68x | 15.49x | 11.34x | 10.15x | 12.03x | 17.54x | 29.69x | 20.58x |
| Quick Ratio | 32.23x | 38.86x | 26.68x | 24.53x | 21.98x | 38.64x | 34.69x | 36.30x | 49.10x | 16.80x | 14.85x | 13.14x | 14.66x | 15.38x | 11.26x | 10.07x | 11.98x | 17.46x | 29.45x | 20.47x |
| Cash Conversion Cycle | 40.21 | 129.21 | 66.87 | 64.72 | 42.64 | 180.64 | 70.51 | 74.04 | 53.1 | 379.27 | 90 | 67.63 | 56.68 | 389.71 | 98.8 | 98.18 | 75.73 | 229.34 | 89.17 | 34.18 |
| Total Non-Current Liabilities | 92.67K | 130.36K | 218K | 204.46K | 352.74K | 482.61K | 214.68K | 332.8K | 370.55K | 378.37K | 381.24K | 212.17K | 354.56K | 256.96K | 1.09M | 905.98K | 968.19K | 1.13M | 0 | -1 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 4.21M | 3.37M | 4.91M | 5.22M | 5.8M | 3.43M | 3.67M | 3.45M | 2.61M | 6.72M | 7.72M | 8.38M | 7.69M | 4.27M | 6.51M | 7.03M | 6.08M | 4.37M | 2.26M | 3.14M |
| Total Debt | 370.69K | 521.45K | 666K | 1.46M | 1.35M | 1.05M | 434.58K | 263.96K | 385.69K | 1.71M | 1.62M | 1.72M | 1.72M | 1.66M | 1.94M | 1.99M | 2.04M | 2.03M | 0 | 0 |
| Net Debt | -120.15M | -117.84M | -112.53M | -109M | -105.05M | -102.71M | -106.74M | -98.11M | -94.41M | -96.33M | -92.32M | -90.5M | -91.54M | -49.59M | -43.61M | -43.15M | -42.78M | -44.13M | -54.07M | -52.59M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.02x | 0.01x | 0.02x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.03x | - | - |
| Debt / EBITDA | 0.07x | - | 0.20x | 0.45x | 0.33x | - | 0.12x | 0.07x | 0.17x | - | 0.38x | 0.28x | 0.40x | - | 0.41x | 0.49x | 0.59x | - | - | - |
| Net Debt / EBITDA | -22.87x | - | -34.34x | -33.67x | -25.43x | - | -30.62x | -26.32x | -40.92x | - | -21.52x | -14.84x | -21.27x | - | -9.20x | -10.62x | -12.46x | - | -12.45x | -7.58x |
| Interest Coverage | - | - | - | - | - | - | - | - | 2.04x | -50.00x | 29.65x | 164.46x | 126.71x | -0.75x | 78.05x | 72.25x | 64.44x | - | - | - |
| Total Equity | 143.17M | 137.39M | 135.17M | 131.81M | 127.88M | 124.59M | 129.48M | 122.46M | 120.54M | 112.92M | 111.72M | 109.41M | 110.95M | 68.83M | 65.49M | 66.4M | 67.25M | 64.31M | 64.88M | 61.46M |
| Equity Growth % | 11.96% | 10.28% | 4.4% | 7.63% | 6.09% | 10.33% | 15.89% | 11.93% | 8.65% | 64.05% | 70.58% | 64.78% | 64.97% | 7.04% | 0.95% | 8.03% | 20.98% | - | - | - |
| Book Value per Share | 12.00 | 11.51 | 11.33 | 11.05 | 10.72 | 10.40 | 10.81 | 10.22 | 9.00 | 12.04 | 11.41 | 11.19 | 13.69 | 40.97 | 38.09 | 40.73 | 41.19 | 40.43 | 39.74 | 37.65 |
| Total Shareholders' Equity | 143.17M | 137.39M | 135.17M | 131.81M | 127.88M | 124.59M | 129.48M | 122.46M | 120.54M | 112.92M | 111.72M | 109.41M | 110.95M | 68.83M | 65.49M | 66.4M | 67.25M | 64.31M | 64.88M | 61.46M |
| Common Stock | 11.93K | 11.93K | 11.93K | 11.93K | 11.93K | 11.93K | 11.93K | 11.93K | 11.93K | 9.73K | 9.73K | 193.91K | 193.6K | 1.68K | 33.35K | 32.04K | 31.81K | 31.81K | 31.81K | 31.81K |
| Retained Earnings | 85.66M | 81.79M | 81.96M | 79.43M | 77.19M | 82.7M | 75.4M | 79.93M | 70.04M | 76.67M | 72.69M | 75.87M | 71.2M | 68.41M | 68.46M | 65.17M | 57.17M | 54.61M | 59M | 52.55M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 5M | 3.09M | 691.99K | -8.22M | -9.9M | -10.63M | 1.56M | -9.98M | -2.01M | -7.28M | -10.54M | -9.86M | -3.66M | -2.98M | -5.33M | -1.14M | 2.65M | 7.33M | 1.63M | 1.6M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |